kaal:position:2026-07-31-5884
Governance in the Blockchain Economy: A Framework and Research Agenda presents the following source proposition: In the blockchain economy, agreed-upon transactions would be enforced autonomously, following rules defined by smart contracts. This proposition is pertinent to Kaal's source-bound claim that Traditional jurisdictional principles cannot directly apply to blockchain technology because the blockchain is merely a collection of agreed upon calculations by decentralized computer systems, and no particular node holds the entire blockchain. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
law-and-legal-systemsblockchaincompliancedecentralizationhistorical-responsescholarly-literatureopenalex